We are pleased to present a three (3) unit multifamily property located at 2303 Alta Street in Los Angeles, California. The subject property is situated in a quiet Lincoln Heights location, on a corner lot south of North Broadway and west of Lincoln Park Avenue. Built in 1953, this property contains a great unit mix of one (1) two bedroom / one bathroom unit, one (1) two bedroom / one bathroom unit with a bonus den, and one (1) three bedroom / two bathroom unit. These units are spread across three (3) detached houses on a very large 8,137 square foot corner lot. The tenants currently pay for all utilities. Residents will enjoy the dominant access from the subject property to the commercial corridor on North Broadway. In this pocket tenants will find restaurants, shopping, and other retail amenities. Some of these amenities include Raspados Nayarit, Kailey's, BurgerIM, and Maracas Cafe and Catering. The property also acts as a transportation hub that provides easy access to Downtown Los Angeles within short driving distance, the -110, -5, and -10 freeways. Given the large lot size, the property also features plenty of on-site parking spaces. Situated in a quiet Lincoln Heights location, this offering presents an excellent opportunity for any investor to capitalize on incredible rental upside in a quiet, lush, and serene pocket of Los Angeles.
Listing Agent: Jason Tuvia 01772495 Courtesy of: Marcus & Millichap "All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Updated: 28th September, 2022 5:49 AM (UTC)